Standards Detail
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Business, Computer and Information Technology
- Standard Area - 15.5: Entrepreneurship
- Grade Level - 15.5.2: GRADES PreK - 2
With prompting and support, list skills needed to run your own business (lemonade stand, etc.). Reference Career Education and Work 13.4.3 A - B
With prompting and support, name local small business owners in your community.
- Standard Area - 15.5: Entrepreneurship
- Grade Level - 15.5.5: GRADES 3 - 5
Define the skill set of an entrepreneur. Reference Career Education and Work 13.4.5 A - B
Discuss differences and similarities between an entrepreneurship and a corporation.
Discuss traditional entrepreneurships and the pros and cons of being one’s own boss.
Reference Economics 6.1.5.A - D; Career Education and Work 13.4.5. A - B
- Standard Area - 15.5: Entrepreneurship
- Grade Level - 15.5.8: GRADES 6 - 8
Identify management and organizational skills needed for entrepreneurship. Reference Career Education and Work 13.4.8 A - B
Compare and contrast entrepreneurship in emerging fields, (e.g., social media, online business, alternative energy sources and uses, agriculture and industrial) with traditional entrepreneurships.
Identify interconnectivity of global and local business operating in the local/state economy.
Identify the impact of global business on pricing for local entrepreneurs.
Reference Economics 6.1.12.A - D; Career Education and Work 13.4.8. A - B
- Standard Area - 15.5: Entrepreneurship
- Grade Level - 15.5.12: GRADES 9 - 12
Analyze personal choices in preparation for entrepreneurship.
Evaluate personal management and organizational abilities to succeed in entrepreneurship. Reference Career Education and Work 13.4.12 A - B
Create a business plan using appropriate data to support the business concept.
Evaluate legal forms of business entities when considering entrepreneurship (e.g., existing business, franchise, new business, corporation, LLC, partnership, sole proprietorship).
Research the opportunities for local entrepreneurship in the global economy and discuss the impact of government regulations.
Analyze factors affecting global pricing including international currency fluctuations, tariffs, price controls, and anti-dumping laws.
Assess advantages and disadvantages for entrepreneurial business in foreign markets; including language and trade barriers, marketing, and regulations.
Evaluate the functions of operations management as influenced by the business parameters.
Evaluate strategies for incorporating emerging technologies into specific business operations.
Analyze an innovation/ business concept and develop a comprehensive business plan. Reference Career Education and Work 13.4.12 A - B
Analyze funding sources for an entrepreneurship including, IPO, venture capital, loans, and owner capital.